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Unemployment rate decreases in county

Unemployment rate decreases in county

Obion County’s August un-employment rate of 5 percent decreased three-tenths of a per-cent from the previous month.
Statewide, the seasonally-adjusted unemployment rate of 4 percent for August was down slightly from the July rate of 4.1 percent.
The United States unemploy-ment rate for the month was unchanged at 4.6 percent.
County non-seasonally ad-justed unemployment rates for August show that 13 counties remained unchanged, 17 in-creased and 65 decreased, ac-cording to the Tennessee De-partment of Labor and Workforce Development.
All of the counties surrounding Obion County also recorded decreases for the month. Weakley County fell 1.1 percent to 7 percent; Lake County dropped three-tenths to 4.9 percent; Dyer County was down two-tenths to 4.2 percent; and Gibson County decreased three-tenths to 5.8 percent.
For the Combined Statistical Area of Union City-Martin, TN-KY, the rate was 6.2 percent, down six-tenths from the previous month. Broken down, the Union City Micropolitan Area, TN-KY, registered 5.4 percent, down three-tenths from the previous month, while the Martin Micropolitan Area (Weakley County) showed a rate of 7 percent, down 1.1 percent for the month.
In the Union City, TN-KY Micropolitan Statistical Area, the rate showed a three-tenths decrease, going from 5.7 percent to 5.4 percent for August. The Obion County portion was down three-tenths to 5 percent, while the Kentucky portion (Fulton County) registered a one-tenth of a percent increase to 7.8 percent.
Statewide, Knox, Lincoln and Sevier counties registered the state’s lowest county unemployment rates at 3.1 percent each. Maury County had the state’s highest at 8.5 percent, followed by Marshall County at 7.7 percent.
Knoxville had the state’s lowest major Metropolitan Statistical Area (MSA) rate at 3.2 percent, which increased from 3.1 percent in July. The Nashville-Murfreesboro MSA was 3.5 percent, up from 3.4 percent the previous month; the Chattanooga MSA was 3.6 percent, down from 3.8 percent; and the Memphis MSA was 4.6 percent, down from 4.8 percent. Published in The Messenger 10.01.07

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